Just a thought.Do you have expenses on it, who covers utilities, comps in line and like kind?

Holding a property is not free... you have to pay insurance, taxes, debt servicing (if financed), utilities, etc.

Flipping a home with an investment from 3 guys, 2 of which have extensive background in construction.

Your apartment/house has to pass an inspection and I'm pretty sure utilities have to be included in the rent.

So total monthly payment, including utilities for one unit is 2,410.This deal sucks in my opinion but the assumable loan makes this slightly more attractive.

Hi all,This is going out to all real estate investors who have utilized Hard Money in their deals.In what way can the hard money industry be improved?

Are the utilities separated and separately metered?

They want the mortgage statement to go to the house and they want to see utilities established in your name for the property.

Has anyone had any experience purchasing a bank owned property where the bank will not cooperate with turning on utilities?

They are not only a commodity but also utilized to add value to society and offer a lot of the downside risk hedging while still offering some level of real return.This is a bit cryptic and dodgy of an answer, but I hope it is at least of some help